Latest News

In recent trading, shares of Teekay Offshore Partners LP have crossed above the average analyst 12-month target price of $6.50, changing hands for $6.52/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

In trading on Friday, shares of Teekay Offshore Partners LP's 7.25% Series A Cumulative Redeemable Preferred Units were yielding above the 9% mark based on its quarterly dividend (annualized to $1.8124), with shares changing hands as low as $19.98 on the day. This compares to an average yield of 8.39% in the "Energy" preferred stock category, according to Preferred Stock Channel.

In recent trading, shares of Teekay Offshore Partners LP have crossed above the average analyst 12-month target price of $6.50, changing hands for $6.52/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

In trading on Wednesday, shares of Teekay Offshore Partners LP crossed above their 200 day moving average of $5.85, changing hands as high as $5.89 per share. Teekay Offshore Partners LP shares are currently trading up about 1.9% on the day.

TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below.
If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener:
http://www.thestreet.com/k/qr/flat/stock-screener.html
Upgrades: ACLS, CALX, GRA, GS, HMSY, ININ, KMPR, MGNX, MITT, MOG.A, OHI, OLP, PJC, RF, TU, WHF
Downgrades: AES, CCRN, CNP, JMBA, MCD, SAMG, TOO
Initiations: EVH, NTRA
Read on to get TheStreet Quant Ratings' detailed report:

In trading on Thursday, shares of Teekay Offshore Partners LP's 8.50% Series B Cumulative Redeemable Preferred Units were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.1252), with shares changing hands as low as $21.61 on the day. This compares to an average yield of 8.47% in the "Energy" preferred stock category, according to Preferred Stock Channel.

Looking at the universe of stocks we cover at Dividend Channel, on 7/27/16, Teekay Offshore Partners LP will trade ex-dividend, for its quarterly dividend of $0.11, payable on 8/12/16. As a percentage of TOO's recent stock price of $5.71, this dividend works out to approximately 1.93%, so look for shares of Teekay Offshore Partners LP to trade 1.93% lower — all else being equal — when TOO shares open for trading on 7/27/16.

Investors in Teekay Offshore Partners LP saw new options become available today, for the February 2017 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

In trading on Friday, shares of Teekay Offshore Partners LP's 7.25% Series A Cumulative Redeemable Preferred Units were yielding above the 9.5% mark based on its quarterly dividend (annualized to $1.8124), with shares changing hands as low as $19.01 on the day. This compares to an average yield of 8.82% in the "Energy" preferred stock category, according to Preferred Stock Channel.

In trading on Wednesday, shares of Teekay Offshore Partners LP's 8.50% Series B Cumulative Redeemable Preferred Units were yielding above the 12.5% mark based on its quarterly dividend (annualized to $2.1252), with shares changing hands as low as $16.85 on the day. This compares to an average yield of 9.44% in the "Energy" preferred stock category, according to Preferred Stock Channel.

Looking at the universe of stocks we cover at Dividend Channel, on 4/27/16, Teekay Offshore Partners LP will trade ex-dividend, for its quarterly dividend of $0.11, payable on 5/13/16. As a percentage of TOO's recent stock price of $6.92, this dividend works out to approximately 1.59%, so look for shares of Teekay Offshore Partners LP to trade 1.59% lower — all else being equal — when TOO shares open for trading on 4/27/16.